Report: Hawks Backed Out of Smith Trade with Bucks

2:47pm: The Hawks were close to reaching an agreement with the Bucks for Smith that may have included the Magic as a third team. However, Atlanta backed out of the deal at the last minute, according to ESPN.com's Chad Ford and Ric Bucher of 95.7 The Game. Bucher reports (via Sulia) that the Bucks' offer would have sent Ekpe Udoh, Luc Mbah a Moute, Beno Udrih's expiring contract, and a protected first-round pick to Atlanta.